MAG
1 project
About
Methaq Arab Group (MAG) is a Saudi-Emirati-Egyptian real estate developer established with a regional partnership structure. The group's principals include Saudi investor Sheikh Abdullah Al-Amoudi and the UAE's Trust Tower, which has completed over 25 projects in Dubai. MAG's combined real estate portfolio across its subsidiaries, including MAG Lifestyle Development and Keturah, has been valued at USD 11.9 billion by the parent MAG Group Holding. In Egypt, MAG entered the market with its first project, La Reva in the New Administrative Capital's R8 district, a 38-acre development on plot P1. The group has reported plans to invest over EGP 60 billion in Egypt over three years, targeting the New Administrative Capital, New Alamein, Sheikh Zayed, and the Red Sea. For buyers evaluating MAG, its track record rests on the cross-Gulf partnership and its stated financial commitment to the Egyptian market, with La Reva serving as the initial proof point.
